EUR/USD is making fresh session lows just below the 1.4210 level in early US trade as risk-off sentiment grips the market.
S&P futures are down 0.75% after the Fed failed to offer a life-line yesterday afternoon and commodities are down even more. The CRB is down 1% while WTI futures are down 2.75% (yah!).
EUR/USD continues to chase its tail, rallying on short-covering one day while sucking in fresh longs on apparent resiliency only to turn lower the next with still-grave concerns over Greece dominating the news.
1.4190 is next support for EUR/USD; fresh stops reside just below.
